Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
“Relative rights of capital units” means all the rights, privileges, obligations and duties of the capital units and may include, but are not limited to, disproportionate variations of the following:
1. Participation in dividends or distributions from operating income.
2. Participation in dividends or distributions from income other than operating income.
3. Participation in distributions of the proceeds of a sale of all or substantially all of the assets of the corporation with further disproportionate variation depending upon the degree of gain or loss.
4. Participation in distributions upon liquidation or dissolution.
5. Voting rights.
6. Restrictions or limitations on transfer.
7. The obligation to perform services or provide goods or other property to the corporation.
8. The obligation to devote time and energies which are collateral to corporate purposes.
9. Assessments, if any.
Cite this article: FindLaw.com - Arizona Revised Statutes Title 10. Corporations and Associations § 10-1810. Definition of relative rights of capital units - last updated January 01, 2025 | https://codes.findlaw.com/az/title-10-corporations-and-associations/az-rev-st-sect-10-1810/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)